Corporate scandals analysis of carson s arguments

Leo Sun Corporate governance is the way a corporation polices itself. In short, it is a method of governing the company like a sovereign state, instating its own customs, policies and laws to its employees from the highest to the lowest levels. Corporate governance is intended to increase the accountability of your company and to avoid massive disasters before they occur. Failed energy giant Enron, and its bankrupt employees and shareholders, is a prime argument for the importance of solid corporate governance.

Corporate scandals analysis of carson s arguments

He lives in Grant, Minn. Today marks the 50th anniversary of one of the darkest, most disturbing books ever published: Rachel Carson was born in near Pittsburgh. The other was writing.

Milton Friedman on Corporate Social Responsibility

In she gained an international reputation with "The Sea Around Us," whose soaring prose and subtle exploration of marine science put it atop the bestseller list for an astonishing 39 weeks.

Famous in her lifetime, Rachel Carson is today largely unknown, except by people old enough to remember her work — or young enough to have learned about her in an environmental studies class. But her legacy is enormous, and the controversy that greeted "Silent Spring" dominates public debate over the environment to this day.

These chemical poisons were effective in controlling insects that damaged forests and food crops, and others that transmitted diseases such as typhus and malaria. But the widespread use of synthetic pesticides had unintended consequences, as these compounds turned out to be toxic to many species of wildlife, especially birds and fish.

The same pesticides also threatened human health in ways that we were slow to detect and that are uncertain even now. And because these chemicals persisted in the environment and were stored in the fat tissues of living things, they were magnified in food chains and ended up contaminating what Rachel Carson called "the total environment.

But there was a precedent, something Carson saw as an exact parallel with pesticides and that the public was already alarmed over: Through the s and s, a handful of nations — but mainly the United States and the Soviet Union — had pursued a fierce arms race that featured the routine, above-ground testing of nuclear weapons.

Inthe peak year for testing, a nuclear device went off somewhere in the world every few days. Fallout from those explosions soared into the atmosphere and traveled the globe on high-level winds before coming back to earth in a radioactive rain that contaminated the same total environment as had pesticides.

Its author, meanwhile, was described as an agent of the far left, and probably a Communist. On one side are the voices of science and those concerned with the balance of nature; on the other side stand economic incentive and the powers that be — the massed might of the establishment.Per Cruciani’s July memo, Carson Jr.

Milton Friedman on Corporate Social Responsibility

and his wife asked more than a half a dozen people to be invited to Secretary Carson’s Baltimore tour, including Under Armour CEO Kevin Plank, Genesis Rehab Services co-chief operating officer Dan Hirschfield, and members of the Paterakis family, which owns a real estate development and bakery business in Baltimore.

HUD officials Mason Alexander and Lynne Patton, . Corporate Governance as Risk Mitigation Corporate governance is of paramount importance to a company and is almost as important as its primary business plan.

When executed effectively, it can prevent corporate scandals, fraud and the civil and criminal liability of the company. This explanation for the fragility of crops in the current agricultural world is in line with Carson’s consistent argument that nature is a complex ecological system, developed through checks and balances over thousands and millions of years, which should not be disturbed without proper precautions.

In his paper, Carson points out 4 main arguments that we can derive from the recent corporate scandals (e.g. Enron, WorldCom). The arguments pointed out revolve around the flaws and inadequacy in current business approaches such as the stakeholder theory, shareholder theory and incentives system in corporations currently.

Corporate scandals analysis of carson s arguments

One of Friedman’s main arguments for excluding Corporate Social Responsibility from business stems from his views on the ethical spending: 5. Journal of Business Ethics 52(1): – Carson, T.L. () Self-interest and business ethics: Some lessons of the recent corporate scandals. Some lessons of the recent corporate scandals.

It’s not just Donald Trump’s family that is bending the rules, ethically family of Housing and Urban Development Secretary Ben Carson also appears to be in some ethical hot water.

The Real Ben Carson Scandal | HuffPost